In order to protect plan participants from the dishonesty of individuals handling their pension funds, the Department of Labor has mandated that every employee benefit plan is required to purchase "ERISA FIDELITY COVERAGE". This coverage protects against acts of fraud or dishonesty by any trustee, officer, employee, administrator or manager (excluding any independent contractors) of the insured benefit plan. The limit of fidelity coverage must be at least 10% of plan assets; and must be at least $1,000 and need not be greater than $500,000 unless required otherwise by the Secretary of Labor.

To obtain an online quote and to complete an application to purchase your ERISA fidelity bond, click on the link below:

http://www.colonialsurety.com/cobrand/erisapension.asp?id=CA0128

A confirmation of your transaction will be sent to Energi Pension Systems, to verify that your bond is in effect.